International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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RISK MANAGEMENT IN IT INDUSTRY: A CASE STUDY

    2 Author(s):  MALAYA K NAYAK, ARKA K DASMOHAPATRA

Vol -  10, Issue- 4 ,         Page(s) : 207 - 215  (2019 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Companies today specifically information technology based companies are increasingly concerned about almost their IT uncertainties. The purpose of the present paper is to discuss the major critical challenges affecting an IT project organization. The objective here is to know what represents the highest risk inside the scenario of IT projects and why. For this purpose, we conceived to undertake a case of IT vulnerabilities while researching the validated responses of an information technology based firm. An inductive reasoning approach has been the common strategy of present analysis. In order to gather the data, interviewing and assessments were performed. This study reported that, as the information technology industries' biggest risk was lack of adequate organized procedure for system monitoring, wherein, the project manager's decision to ignore the immediate problems would indeed pose a higher risks in the future.

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